MET Global Property Fund attracts investors and exceeds the R1 billion mark

Listed property investments, unlike most asset classes, are not tightly synchronised with market cycles, making globally diversified property investments an attractive option. The MET Global Property Fund has exploited these opportunities successfully, d

The fund is managed by Greg Rawlins, chief executive officer of Reitway Global, a MET boutique investment management company specialising in global listed property investments. In the past nine years, Greg has given focused attention to foreign listed property vehicles, where considerable knowledge was built up on matters such as withholding tax, fund raising and Real Estate Investment Trusts (REITs).

An investment methodology was developed to exploit the unsynchronised nature of the REIT industry in terms of economic cycles, thereby providing greater sector choice and diversification opportunities.
The company operates as a partner to MET Collective Investments and functions as the external manager of the MET Global Property Fund. MET Collective Investments provides compliance monitoring, portfolio trading system, distribution/marketing and administration system support.

Over the past 20 years, global real estate has delivered higher yields than the equity and bond markets:

 
Says Rawlins: “We are very pleased that we have been able to deliver great satisfaction to our investors. South African’s are, to a large extent, limited to the traditional retail, industrial and office property investment sectors when investing in this asset class. When investing in REITs offshore, however, one has greater flexibility in terms of economies and property investment sectors. The asset class has much to offer.”